Crisis Prevention and Readiness: Lessons from Board Leaders
Most organizations will face a crisis at some point—from product safety failure, natural disaster, or ethical lapse, to the sudden loss of a CEO or a major cyber security breach. As boards assess and monitor the effectiveness of management’s crisis readiness and response plans, board leaders play an important role in helping to ensure transparency and accountability, keeping the board informed, and maintaining the board’s independence.
This session will explore key questions for board leaders:
- How prepared is the company to respond quickly and appropriately?
- Are crisis scenarios played out in tabletop exercises?
- Is the company’s culture built to minimize the chance of crises occurring?
- Does management have the resources, skills, and plan to handle a major crisis?
- What is our plan if the CEO is unavailable or otherwise disqualified?
Facilitating Board Engagement in Strategy: The Lead Director’s Role
The long-held view that the board’s role in strategy is limited to “review and concur” is giving way to deeper engagement by the board. Increasingly complex and disruptive business conditions demand it, investors and other stakeholders expect it, and the lead director is uniquely positioned to create the right level of board engagement. Join NACD and KPMG’s Board Leadership Center for this webinar focused on the lead director’s role in facilitating quality boardroom discussions on strategy—from setting expectations and planning the setup, to building boardroom consensus on strategic direction and helping the company envision the future.
KPMG Board Leadership Center
The KPMG Board Leadership Center champions outstanding governance to help drive long-term corporate value and enhance investor confidence. Through an array of programs and perspectives—including KPMG’s Audit Committee Institute, the WomenCorporateDirectors Foundation, and more—the Center engages with directors and business leaders to help articulate their challenges and promote continuous improvement of public- and private-company governance. Drawing on insights from KPMG professionals and governance experts worldwide, the Center delivers practical thought leadership—on risk and strategy, talent and technology, globalization and compliance, financial reporting and audit quality, and more—all through a board lens. Learn more at kpmg.com/blc.
National Association of Corporate Directors
The National Association of Corporate Directors (NACD) empowers more than 19,000 directors to lead with confidence in the boardroom. As the recognized authority on leading boardroom practices, NACD helps boards strengthen investor trust and public confidence by ensuring that today’s directors are well prepared for tomorrow’s challenges. World-class boards join NACD to elevate performance, gain foresight, and instill confidence. Fostering collaboration among directors, investors, and corporate governance stakeholders, NACD has been setting the standard for board leadership for more than 40 years. To learn more about NACD, visit www.NACDonline.org.
Receive the latest from KPMG Board Leadership Center
Sign-up to receive Board Leadership Weekly, Directors Quarterly, and more.
Sign-up to receive Board Leadership Weekly, Directors Quarterly, and more.
Subscribe here